Tag Archives: Mobile Money

DIAA Says MOBILE MONEY USERS SAVE 19,329,887 MILLION HOURS A MONTH

A recent study by Digital Impact Awards Africa (DIAA) has revealed that at least 5,000,000 regular users of mobile financial services in Uganda during a 3 months period spent 7,113,356 man hours (296,390 man days) to clear simple financial transactions and saved 57,989,660 productive hours (An average of 19,329,887 million hours a month) that would otherwise be spent on using traditional transactions payment means. read more

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Mobile Money The South African Way

The failure of Vodacom’s M-Pesa mobile money transfer initiative in South Africa, in contrast to its spectacular success in Kenya, has led many pundits to the conclusion that a mobile money solution will never fly in this country. read more

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FinTech and the Positive Transformation of Banking in Africa

The impact of Blockchain, Open Banking, Mobile Money and Payments innovation are radically transforming the financial services landscape as FinTech disruptors intensify the challenge to Incumbent Banks in Africa and kickstart new opportunities read more

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CashlessAfrica Champion Awards 2017 to Reward Innovation in the Digital Financial Services Ecosystem in Africa.

digital financial services

Mobile Money Shop in Ghana.

The CashlessAfrica 2017 (www.CashlessAfrica.com) awards are dedicated to acknowledging creativity, commitment and excellence in the digital financial services industry across Africa. The awards honor the best of the breed across all sectors and segments covering financial technology providers, mobile network operators, financial institutions, mobile money providers, card services, financial institutions, application providers, regulators, microfinance organizations and individuals in the ecosystem in Africa and beyond. read more

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Vivo Energy and Orange Money announce Pan-African partnership.

A pan-African partnership covering nine countries (Botswana, Burkina Faso, Côte d’Ivoire, Guinea, Madagascar, Mali, Mauritius, Senegal and Tunisia) where Vivo Energy and   Orange Money is available, has been signed allowing Orange Money customers to cash in and cash out money from their Orange Money account and pay in any Shell service station operated by Vivo Energy (www.VivoEnergy.com). This offers Orange Money customers an access to a network of over 1,000 Shell service stations to transact from, while Shell customers will be able to pay for their fuel using Orange Money. The agreement further provides the customers of both companies a convenience and secured mode of payment which will also save time and money on their payment transactions. read more

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GSMA Establishes Office In Nairobi To Support Burgeoning African Telecoms Market

Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018 read more

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MTN Uganda adjusts Mobile Money Tariffs

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MTN Uganda holds a 3 day Internet Expo in Mbarara as part of a drive to increase data usage in the regions

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Connecting West Africa 11-12 June 2013 Radisson Blu Hotel, Dakar, Senegal

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Mobile Money Africa returns – 27-29 May 2013

The 5th annual Mobile Money Africa offers an unbeatable forum for mobile money professionals wanting to succeed in Africa. No other event brings so many industry thought leaders together or such dedicated coverage of mobile money developments from across the whole of Africa. read more

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MTN Uganda successfully launches 4G LTE Network in Uganda making it the first in East Africa

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Stanbic IBTC declares N12bn profit on gross earnings of N92bn

Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for 2012, an increase of 16 percent above the N10.1 billion recorded in the corresponding period of 2011, according to its audited results for the financial year ended December 31, 2012. Similarly, profit after tax rose to N10.2 billion, translating to an increase of 53 percent over the prior year’s N6.6 billion. read more

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South Africa’s mobile money industry remains innovative and diverse

Mobile Money Africa returns to Johannesburg in May read more

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“Mobile money is not just money transfer. To bring real and impactful financial services to the unbanked, one needs a platform that supports the whole ecosystem of mobile money services.”

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